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Subprime Lending
12-21-2006, 03:23 PM
My products are hard money/subprime. Just fax me a 1003, 1008 and credit report. Here is an example of what I can offer my clients…

FICO's as low as 300
Interest Only down to a 300 FICO
Non - Owner Occupied Interest Only
400 FICO to 1 x 90 - 75% Full Doc
500 FICO and 2 x 60 - 80% Stated Stated
500 FICO and 2 x 60 - 75% NINA
550 FICO and 2 x 60 - 80% NINA
Foreclosure Bail Outs to 70 & 75% LTV
Use a 1099 like a W-2 (no tax returns) - 80% LTV
Currently listed - OK! Listed in Past 12 Months - OK!
Self Employed 6 Months - OK!
No Scores - OK! - 75%
80% LTV with a seller carry back to 100%
CLTV with a FICO as low as 500!
5+ Units - OK! - 65% LTV
75% Full Doc Foreclosure Bail Out - AZ, CA, CO, FL, ID, NV, OR, UT, WA (pride of ownership a must)
70% Stated Foreclosure Bail Out (pride of ownership a must)
Huge Amount of Cash Out - OK!
MUCH, MUCH MORE, JUST CALL.

Steve Meninger
subprimelending@msn.com (subprimelending@msn.com)

jenrettehomeloans.com
04-14-2007, 02:20 AM
300 Fico... That hurts to even think about it, but good stuff!

OregonLO
04-17-2007, 10:16 AM
I will keep you information and keep you in mind when I have someone that fits your mold.


thank you.